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20130121
20130121
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Search Results 0 to 6 of about 7 (some duplicates have been removed)
not gone completely shut down, so we may get at three month extension of the debt ceiling. extending that three months republicans are asking that congress pass a budget to be taken political aim at the u.s. senate because in the u.s. senate they have not passed a budget in a few years. with that they get democrats on the record and the senate with a budget which is something that had been hoping to do politically. they don't have any spending cuts as part of this. another part of this is that congress will get paid if they don't pass a budget. is knows that argument. there will be having budget fights every few months. >> something to look for too. thank you. melissa: just attending the inauguration this morning. lori: that's right. let's bring in lou dobbs listen to that speech this morning. >> the leader of this country for the previous four years. the welcome tone in many respects. in other respects it was confusing and confounding. suggesting that somehow -- he talked about one thing in particular, talking about self executing troops. we don't have any of those. there were momen
this debt ceiling will be extended. you know these guys well. you worked right there with vice president biden. let me get your take on this. if we keep fighting about spending cuts and reining in the spending, how come it's always about putting the gloves on and fighting? we're not going to do this, we're not going to do that. how come we haven't seen any proposals for spending cuts? are we going to see that, you think? >> i do think so. i mean, i think that we have to go through this unfortunately, at least recent history suggests we have to go through this crisis mentality to get there. i will say this, and we shouldn't forget it. thus far, there's been $1.5 trillion in spending cuts that have been made. they're on the books. there's been $600 billion in tax increases. made, on the books. sos that over $2 trillion in deficit reduction in two years. it doesn't get us all of the way there but largely, two thirds of the way there at least within a ten-year budget window. >> russ, what do you think? of course we are approaching this with caution. we know that there's going to be more back
this discussion two months from now? >> i think everybody believes this debt ceiling will be extended. jared, you know these guys well. you worked right there with vice president biden. let me get your take on this. if we keep fighting about spending cuts and raeni ireinine spending, how come we haven't seen any real proposals for spending cuts? are we going to see that, you think? >> i do think so. i think we have to go through this, unfortunately. at least recent history suggests we have to go through this crisis mentality to get there. thus far, there's been $1.5 trillion in spending cuts that have been made. they're on the books. there's been $600 billion in tax increases made on the books. that's over $2 trillion in deficit reduction over ten years. doesn't get us all the way there, but it does get us largely about two-thirds of the way there to debt stabilization, at least within a ten-year budget window. >> russ, what do you think? of course, we are approaching this with caution. we know that there's going to be more back and forth. in the middle of it all, we have earnings season. you kno
of extending the debt ceiling three months, until april and clean, except for the fact they want to link it to the idea that both the house and the senate pass a budgetnd and if they don't they lose their pay? >> i think -- we don't think short-term is smart for the economy, 2-3 months still has uncertainty and we are very pleased to see the republicans in the house drop their previous position, which was, you know, they were only going to pay the bills, essentially, they racked up if that he got what they wanted from the deep spending cuts in medicare and other programs. so that is progress but what we need to do is, washington needs to start contributing certainty and help to the economy and if you talk to anybody in the country -- >> you will not veto a three-month extension, are you? >> again, i think that there is long term debt and short-term debt. i think we have made progress on the budget and cut spending, in 2011, the budget was cut over a trillion dollars and signed a -- >> you were forced into that by republicans. >> no, we weren't and we were sitting around the table with th
in the house caved over the weekend on the debt ceiling and said, all right. they will extend it for only three months, not good enough. they said they will extend it notno strings attached without all of the cuts to social security and medicare they had been demanding bluffs president obama, we got his back and he stays tough, gets things done in this second term. let's talk about it 866-55-press here on the "full-court press." it's monday morning, inaugural day, january 21st. >> this is "the full court press: the bill press show," live on your radio and on current tv. current tv presents special coverage of the presidential inauguration. the pomp, the circumstance the insight and analysis. only on current tv. we have a big big hour and the iq will go way up. (vo) current tv gets the converstion started weekdays at 9am eastern. >> i'm a slutty bob hope. >> you are. >> the troops love me. (vo) tv and radio talk show host stephanie miller rounds out current's morning news block. >> you're welcome current tv audience for the visual candy. just be grateful current tv does n
got a few more details now. they will extend the debt ceiling to may 19, to go to may 19. but if congress does not get a budget done by april 15, i believe it is, then congress' salary will be held in abeyance. in other words, they won't get paid unless they can agree on a budget. so there's a lot of politics in this but i think this would be seen as a good sign that maybe they are going to at least get past this which would have been just a destructive and largely a waste of time when they should be getting on to other things and make the arguments about what we're going to spend the money on, not whether we pay the bills for things we've already purchased. so i think this is probably the best news we've heard today. >> pelley: the president met with the republican leadership at the white house today before he came up there. looks like there's a lot of effort going on by the president now to reach out to the republican leadership. >> schieffer: there's some heavy lifting ahead and this is at least an indication that maybe they're ready to start trying to deal with that r
Search Results 0 to 6 of about 7 (some duplicates have been removed)